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Deutsche Boerse says it is in talks to acquire Allfunds

FRANKFURT, Nov 27 (Reuters) - German stock exchange operator Deutsche Boerse AG said on Thursday it is in exclusive discussions with Allfunds Group PLC over an acquisition of the fund distribution company.

It added in a statement that Allfunds' board unanimously agreed to start exclusive discussions based on a non-binding offer of 8.80 euros ($10.20) per Allfunds share, made up of 4.30 euros in cash and 4.30 euros in new Deutsche Boerse shares plus a dividend of 0.20 euros.

($1 = 0.8626 euros)

 (Reporting by Ludwig Burger; editing by Matthias Williams)

 ((ludwig.burger@thomsonreuters.com))

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